Ballmer defends Microsoft's dpending plans
MS-Watch | at | by Mike
Microsoft's CEO tells Wall Street analysts he has no apologies for its fiscal 2007 spending plans. And don't expect Microsoft to curtail its capital and acquisition investments or spend its cash war-chest any time soon, Ballmer says.
No matter what company officials have done since the Microsoft third-quarter earnings call in April, they haven't been able to undo the damage that was done by refusing to detail the way in which they planned to spend $2.6 billion in planned capital expenditures next year.